The operator of the Trans Alaska Pipeline System pared crude oil flow on Friday in anticipation of high inventories in the coming month.
Alyeska Pipeline Service Co reduced flow by 10% from noon on Friday, said company spokeswoman Michelle Egan, in anticipation of higher inventories at the marine terminal at Valdez, on the southern coast of the state.
The reduction affects all producers. It is likely to last for a few weeks, Egan said. “We did not give producers a date that we would rescind it,” she said. “We see these high inventories continuing into the latter part of May.”
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